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Tourism revival task force formed to revitalize tourism industry hit hard by COVID-19

Published On: September 8, 2020 07:30 PM NPT By: Republica

KATHMANDU, Sept 8: The Nepal Tourism Board (NTB) has formed a ‘Tourism Revival Taskforce’ to revitalize the tourism industry that is hard-hit by the COVID-19 pandemic.

Tree counting in the proposed site of Nijgadh International Airport to be completed by mid-December

Published On: September 8, 2020 06:17 PM NPT By: Republica

KATHMANDU, Sept 8: The Ministry of Culture, Tourism and Civil Aviation (MoCTCA) has directed the government agencies concerned to complete the tree counting process in the proposed site of Nijgadh International Airport by mid-December this year.

Three modalities recommended for holding stalled FNCCI election

Published On: September 8, 2020 03:12 PM NPT By: Republica

Recommended modalities include either holding entire elections in Kathmandu or between respective provinces and Kathmandu or e-voting

How a multi-billion rupee railway trackbed corruption scam was exposed and ultimately brought down

Published On: September 8, 2020 01:00 PM NPT By: Bal Krishna Gnawali

KATHMANDU, Sept 8: The controversial Inaruwa-Kakarbhitta railway trackbed tender has been cancelled. An invitation to tender was called to construct the 106 kilometers-long trackbed some two months ago.

Daily Commentary: Nepse ends in red as profit booking extends

Published On: September 8, 2020 09:00 AM NPT By: Republica

KATHMANDU, Sept 8: After trading flat in the first few minutes of Monday’s trading, the benchmark Nepal Stock Exchange (Nepse) index fell over 15 points in the morning. Stocks staged a rebound a couple of times in the afternoon but could not trade above the opening level. After struggling in the final hour, stocks finally ended firmly lower. Consequently, Nepse finished Monday’ session 12.17 points lower at 1,487.81.

Tourism industry will take at least five years to revive, say entrepreneurs

Published On: September 8, 2020 07:32 AM NPT By: Republica

KATHMANDU, Sept 8: Tourism entrepreneurs have said that it will take at least another five years to revive Nepal’s tourism industry.

Private sector demands govt allow businesses to operate by following precautionary measures against COVID-19

Published On: September 7, 2020 06:30 PM NPT By: Republica

KATHMANDU, Sept 7: The private sector has urged the government to allow businesses to operate by maintaining the safety protocols prescribed by the government against COVID-19.

Govt scraps contracts with companies failing to import much-needed chemical fertilizer on time

Published On: September 7, 2020 08:38 AM NPT By: Republica

KATHMANDU, Sept 7: The Agriculture Inputs Company Limited (AICL) has scrapped the contract with the non-performing importers of chemical fertilizers and has initiated action for blacklisting these contractors. The failure of these contractors to import chemical fertilizers on time is feared to bring huge reduction in the production of overall paddy production this year.

Gold price sees a slight drop in domestic market

Published On: September 6, 2020 03:37 PM NPT By: Republica

KATHMANDU, Sept 6: The price of gold has seen a slight drop in the domestic market as it is being traded for Rs 96,100 per tola on Sunday.

Weekly Commentary: Nepse finishes week above 1,500-point mark

Published On: September 6, 2020 08:40 AM NPT By: Republica

KATHMANDU, Sept 6: The local bourse experienced another active week with both the Nepal Stock Exchange (Nepse) index and volumes shooting up towards multi-year record levels. The index began the week on a slightly upbeat note with a gain of 4.63 points on Sunday. Monday saw the bourse add another 22.32 points. While the market remained closed on Tuesday, stocks resumed trading with considerable strength on Wednesday with a 25.58 points gain. Stocks took a breather in the last session of the week and ended almost flat on Thursday. Overall, the index gathered 52 points or 3.59 % to close the week at 1,510.42.

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